Oil futures fall as Persian Gulf exports may have recovered to two-thirds of pre-war levels
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Search fieldHome page Seeking Alpha - Power to InvestorsAbout PremiumCreate free accountSearch for Symbols, analysts, keywordsLog in CommoditiesEnergy Oil futures fall as Persian Gulf exports may have recovered to two-thirds of pre-war levels Aug 28, 2026, 7:15 PM ETUnited States Oil Fund LP ETF (USO), UCO, CL1:COM, CO1:COM, XLEDBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, NG1:COMBy : Carl Surran, SA News Editor Crude oil futures fell Friday and for the week as traders took notice that more oil is covertly making it out of the Persian Gulf region, even as hopes fade for peace talks between the U.S. and Iran that might reopen the To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights Increased use of alternative routes has boosted supply, contributing to falling crude oil prices for the week. Resumed and increased exports from Saudi Arabia and Iraq suggest a partial recovery of crude flows to two-thirds pre-conflict levels, despite Strait of Hormuz risks. Energy ETFs like XLE and crude tracking funds declined during the week, while natural gas-related products had modest gains.
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